Anec raises estimate of Brazilian wheat and corn exports in December, maintains soybean calculation

Dec 13 (Reuters) – Brazil’s wheat and corn exports this month will be higher than estimated last week, while the forecast for soybean shipments remained unchanged, industry group Anec said on Tuesday.

Brazilian soybean exports will reach 1.77 million tons in December, the same volume as the projection issued by Anec last week, the group said.

Foreign shipments of soybean meal will reach 1.6 million tons in the month in relation to the 1.54 million tons previously forecast, he added.

As for corn, shipments this month will reach 6.7 million tons, an increase from the 5.43 million tons estimated the previous week, Anec said.

The group also indicated that wheat shipments will be 696.58 tons in December, above last week’s forecast of 658.73 million tons, according to the report. (Written by Marion Giraldo via Latam Hub in Mexico City)

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